Basic Members definition

Basic Members means the members of a Scheme entered into by the Company with a Constituent Unit or a County Association or a Chess League which complies with the Framework set out in the Schedule hereto, which category of membership shall be closed with effect from 31st August 2012.
Sample 1Sample 2Sample 3
Basic Members means the members of a Scheme entered into by the Company w ith a Constituent Unit or a County Association or a Chess League w hich complies w ith the Framew ork set out in the Schedule hereto.
Sample 1
Basic Members means a member afforded the class of basic membership;
Sample 1

Examples of Basic Members in a sentence

  • Prime Members may register for up to three study groups; Standard Members may register for up to two study groups; and Basic Members may register for up to one study group.

  • You will find our contact details under Contact.As a Premium Member, as well as in some promotions for Basic Members, you have the opportunity to communicate with other members via video chat in selected countries.

  • The Member Organisation as agent for ECF shall collect and account for the membership fees for Basic Members and Basic Junior Members by 31st October in every year and shall submit to ECF by such date applications for membership of ECF duly signed.

  • There are a number of Work and Pensions Benefits which are subject to earnings rules and can therefore be affected by the payment of Basic Members Allowance.

  • Competitors, Adjudicators and Basic Members may register as members with the Company directly or through a National Organisation for their Country should there be one.

  • In addition to the Basic Members earn one month of service credit toward the benefit for each month they are employed and for which the University pays contributions to VRS.

  • Members’ Willingness to Pay MoreTo further explore members’ perceptions of the affordability of PAC, HIP Plus and HIP Basic Members were asked about their willingness to pay to remain enrolled in HIP.

  • Exhibit A.4: HIP Rollover for HIP Plus Members Exhibit A.5: HIP Rollover for HIP Basic Members MCEs calculate the rollover 121 calendar days after the end of the benefit period to allow for a claims run-out period.

  • Sponsor Members lose all sponsorship privileges for one year and will be downgraded to Basic Members after suspension and re-training is complete.

  • All eligible students are automatically Basic Members of the Guild unless they elect, either at the time of enrolment in any year, or at any time during the year, not to be members.

Related to Basic Members

  • Class B Members means any Persons to whom Class B Membership Units are issued, and any assignee or transferee of such Persons permitted under the terms of this Agreement, and any other Person admitted to the Company in the future as a Class B Member pursuant to the terms hereof. The names of the Class B Members, and the Percentage Interests allocated to each such Class B Member, shall be reflected in the books and records of the Company.

  • Class A Members means those Members who have purchased Class A Interests.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Founding Members means those public school districts, cities, counties, and other governmental units that are signatories to the Joint Powers Agreement and have a voting member serving on the JPA's Board of Directors.

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • New Members As Defined By the Public Employees’ Pension Reform Act of 2013 (PEPRA)

  • Unit Holders means all Unit Holders.

  • Unitholders means the holders of Units.

  • Initial Capital Contributions has the meaning set forth in Section 3.01.

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.

  • Class B Percentage Interest means, with respect to a Class B Member as of a given date, that percentage obtained by dividing the total number of Class B Units owned by such Member by the total number of Class B Units issued and outstanding.

  • Common Member means a Member holding Common Units.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Preferred Member means a Member holding Preferred Units.

  • Household members means those persons who reside in the same home, who have reciprocal duties to and do provide financial support for one another. This term shall include xxxxxx children and legal wards even if they do not live in the household. The term does not include persons sharing the same general house, when the living style is primarily that of a dormitory or commune;

  • Associate Members means the individuals or firms which have agreed to Joint Venture in connection with the Project;

  • Voting Members has the meaning set forth in Section 4.07(b).

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • Public member means an individual who is not, and never

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Class B Units means the Class B Units of the Company.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.